by AdamB » Sun 01 Jan 2017, 22:42:56
$this->bbcode_second_pass_quote('onlooker', 'P')eter, do not need to go specifically to Adam website. Any economics site basically regurgitates what Adam is saying.
You can't help them from gloating about having been right now can you? The peakers did the same thing a decade ago, back when they thought they had a lock on it. Here is Ruppert crowing like a rooster about peak oil having ARRIVED!!
https://www.fromthewilderness.com/free/ ... corp.shtmlAnd not only did Shifty understand why a decade ago, but there is a new post today talking about cracking the 100 million barrel a day number, the one that the Oil Drum said had peaked at 85 million a day. And so now you are saying the economists are the only ones who knew better than to get on the bandwagon? Gee...makes me wonder why no economists were asked their opinions back in 2005 about why peak oil was a crock...at least then.
Oh wait...someone did...but they made fun of him. Still do I believe, but then pstarr is..special...if you know what I mean.
Check out the 3rd graphic in the article.
http://www.theoildrum.com/node/5716Near prophetic, considering the question about cracking the 100 million barrel barrier, don't you think? Chalk it up to an economists to make a projection that A) doesn't involve bell shaped curves and B) works.
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."
Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"